Brian Armstrong, CEO of Coinbase, has just warned about the rapidly escalating U.S. national debt, which has now surpassed $36.9 trillion – a record high that poses risks of global instability. Armstrong believes that without timely solutions, Bitcoin could emerge as an alternative safe haven asset to the USD.
He emphasized that Bitcoin could serve as a hedge against uncontrolled fiscal policy and the weakening of the U.S. dollar. Data shows that the U.S. has to spend up to $1 trillion each year just to pay interest on debt, putting significant pressure on the national budget.
In addition to Armstrong, many prominent financial figures have also spoken out. Peter Schiff, an economist, warns that the U.S. financial system is facing a crisis of confidence if spending and deficits are not controlled. He suggests that holding gold or Bitcoin is a consideration to protect asset value.
At the same time, large organizations such as MicroStrategy, Galaxy Digital, Tesla… continue to accumulate $BTC , indicating a clear trend of asset shift towards non-traditional safe havens.
The article is intended solely to provide information and should not be considered financial advice. The cryptocurrency market is highly volatile, and investors should carefully consider their decisions.
